Post
Topic
Board Bitcoin Discussion
Re: Btc and people knowledge
by
cryptoWODL
on 02/03/2024, 14:53:05 UTC
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.
Most of the people of the world have no knowledge about digital currency especially if we talk about Bitcoin then 99% of the people of the world do not know about this Bitcoin but only Bitcoin is preferred as an alternative to money all over the world. People of the world consider paper money as the only significant medium of exchange but this Bitcoin is poised to replace paper money in the future. However, it is estimated that in the next 10 to 20 years, more than 50% of people in the world will know about and use Bitcoin.
I can't agree with you because you say that almost 99% of the people in the world don't know about Bitcoin right now which seems completely wrong to me.I think about 30% or more people in the world now know about Bitcoin and use Bitcoin.Since its inception, the price and popularity of Bitcoin has been relatively constant, increasing the demand and popularity of this coin worldwide. El Salvador is a shining example of how popular Bitcoin is with people around the world.

We all know that in 2021 El Salvador became the first country in the world to accept Bitcoin as legal tender in their country.Since then, their country's government has taken various important steps to make Bitcoin more popular and is still doing so.Buying everyday goods in their country can be paid for in bitcoins, perhaps proving that bitcoins are slowly becoming more and more popular with people around the world.